Ann: Clarification of Joint Venture & Debt Fundin, page-39

re: Ann: Clarification of Joint Venture & Deb... Don't play fibs Aka, nice and simple for me (trendlines, MA's stochastics, top down etc - note bullish miners currently so risk is on)

Ask for a bullish chartist view CD, that's what you want really isn't it :)

Anyway, a chartist couldn't buy this IMO until the overhead is cleared and 14c holds (we all have different opinions, don't play the man here)

PLV needs to prove itself again to the market, agree with aka, can't buy this off fundamentals, i have no idea where we stand from a money point of view now. Maybe we have 19 mill maybe we don't, does our cash flow cover costs, will GNR be a strong partner if they are issuing profit warnings, why are we looking at Collier when we have Cockatoo and Irvine? etc.

CK
(note sentiment has changed, but not convinced 100% yet)